AUSTRALIAN TAXATION OFFICE

Editorial

Too much attention on the details can mean forgetting about the fundamentals. David Court traces the intricate eligibility rules applying to SMSFs and the consequences of...

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Superannuation

Self-managed super fund (SMSF) trustees should not be forced to do a full valuation on direct property holdings every year, according to the Self-Managed Super Fund Profe...

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Policy & Regulation

More than one million people have already lodged their tax return online using e-tax, the Australian Taxation Office's (ATO's) free tax preparation and lodgement service....

Superannuation

The latest data on excess contributions tax revenues reveals the Government is the only winner....

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Superannuation

The large number of SMSF audits being conducted each year requires auditors to be appropriately competent....

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Editorial

The Financial Planning Association (FPA) has finally called a spade a spade. It has accused the Industry Super Network (ISN) of using its political influence and the Futu...

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Superannuation

The ATO has been urged to rethink its draft ruling on the taxation of pensions after death amid concerns it is being unfair and acting against the spirit of the tax laws....

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Financial planning

New draft legislation designed to protect workers' superannuation from phoenix companies has an excessively long lead in and also has vague requirements that could trap n...

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Financial planning

Australian Taxation Office (ATO) commissioner Michael D'Ascenzo has renewed his promise to clamp down on GST fraud and failure to report cash income, after a WA director ...

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Superannuation

The proposed lifting of the tax-free threshold for low-income earners has implications for super....

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Financial planning

The Government has released a legislative draft covering charities giving ATO greater powers....

Financial planning

The Institute of Public Accountants (IPA) has called on the Federal Government to extend legal privilege to tax advice provided by professional tax advisers....

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Superannuation

Graeme Colley explains how the streamlining of deductions for the cost of permanent disability insurance through superannuation provides greater clarity around taxation i...

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Superannuation

Fast action by the ATO is claimed to have averted an administrative nightmare around the taxation of trusts....

Financial planning

The ATO has issued a warning on fringe benefit tax (FBT) requirements with respect to employee share trusts....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 23 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 5 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 3 days ago